Northern Trust Stock Price, News & Analysis

Northern Trust (Nasdaq: NTRS) has contributed over US$160 million to charitable causes in the past decade, with $18 million donated in 2021 to nearly 1,000 organizations. The company's employees volunteered more than 1 million hours over the same period, supporting key areas like food security, healthcare, housing, and education. Notable initiatives include support for the SOS Children’s Villages in India and the Access Project in England, assisting underprivileged communities globally. The firm emphasizes equitable opportunities for financial success.

Northern Trust Asset Management announced the appointment of Thomas Swaney as Executive Vice President and Co-Head of Fixed Income, overseeing $551 billion in fixed income assets. Swaney joins from Lantern Harbor Investment Partners and has extensive experience with firms like J.P. Morgan and Morgan Stanley. His role is part of a succession plan as the firm prepares for retiring Colin Robertson. Swaney aims to enhance NTAM's fixed income strategies, particularly in sustainable investing, ensuring they adapt to a rapidly evolving market landscape.

Northern Trust Corporation (NASDAQ: NTRS) will host a live webcast of its first quarter 2022 earnings conference call on April 26, 2022, at 8:00 a.m. (CT). The earnings press release and related materials will be available on Northern Trust’s website.

The company has significant assets under management totaling US$1.6 trillion and assets under custody/administration of US$16.2 trillion as of December 31, 2021.

Northern Trust has partnered with Finscape to enhance data transparency for asset managers by providing a comprehensive view of fund distribution activities. This collaboration will assist clients in conducting forensic analyses and maintaining regulatory compliance, particularly regarding the identification of end investors. The innovative solution utilizes advanced technology to streamline market intelligence and reduce operational complexities. The service helps clients comply with mandates like MIFID II, thereby ensuring they understand their investor bases.

The Siemens Foundation and Northern Trust have committed $10 million to PeopleFund and Disability Opportunity Fund (DOF) to support economic revitalization for Veterans and disabled individuals in the U.S. This second round of investment increases Northern Trust's total commitment to $20 million in Community Development Financial Institutions (CDFIs) in just over a year. The funds will aid in establishing the Veteran Loan Fund, designed to assist veteran entrepreneurs by providing them with access to capital and technical support in underserved communities.

Northern Trust Asset Management has appointed Scott Bennett as head of quantitative investment solutions for the Asia-Pacific region, operating from Melbourne and Hong Kong. This new team of quantitative specialists aims to enhance the firm’s capabilities in quantitative and ESG solutions, responding to growing client demand. Bennett's experience includes significant roles at Northern Trust since 2018 and Russell Investments prior. Northern Trust manages US$1.3 trillion in investor assets, focusing on innovative, outcome-oriented strategies.

Northern Trust Corporation announced that CFO Jason Tyler and President of Corporate & Institutional Services Pete Cherecwich will present at the RBC Capital Markets Global Financial Institutions Conference on March 9, 2022, at 1:00 p.m. CT. The event will be available via live webcast and can be accessed on Northern Trust's website. A replay will be available for about four weeks post-event. As of December 31, 2021, Northern Trust had assets under custody/administration of US$16.2 trillion and US$1.6 trillion under management.